Thompson Street Capital Partners' portfolio company ATIS has acquired AuditMate, an elevator asset management technology platform, for undisclosed terms. AuditMate helps building owners and property managers track maintenance performance and cut risk. The acquisition combines AuditMate's software with ATIS' network of more than 250 elevator consultants and inspectors, positioning the combined company as a technology-enabled player in elevator asset management.

ATIS serves more than 15,000 customers and supports nearly 100,000 elevators and escalators across North America. The deal supports ATIS' long-term strategy of building the leading technology-enabled platform across elevator managed services, consulting, and inspection. Thompson Street has completed more than 250 acquisitions and holds over $4.5bn in assets under management.

The integration will give customers continuous maintenance visibility, portfolio-wide analytics, and actionable intelligence backed by one of the largest teams of elevator consultants and inspectors in North America.